October 15, 2023
Say Goodbye to These 6 Expenses for Good!
Photo by Karolina Grabowska under Pexels License
If your car has been with you for a good long while, it may no longer come as a surprise to you the many expenses you have to bear for having this necessity.
Vehicles deteriorate when they age no matter how well you maintain them. As your car gets older, you spend more and more on its repair and maintenance as well as other related expenses.
Here’s a list of expenses for older cars to show you the real cost of owning one:
- Repairs
A trip to the mechanic always means additional strain on your budget. While some people may consider the quirks of their car as parts of its personality, it’s quite dangerous if they are left unchecked. These so-called “quirks” may get worse and cost you even more in repairs in the future. Mechanic’s labor typically costs $45 to $170 an hour. And this is separate from the cost of spare parts that you would need for replacements.
- Gas
Older cars may require premium gasoline, which is pricier than regular gas. This is because premium gasoline may be able to remove carbon buildup better than regular gasoline in older vehicles. Older cars are also not as fuel efficient as newer vehicles, so expect to spend more at the pump.
- Insurance
While some shrug off getting insurance for older cars, it is still a practical expense to consider to avoid bigger costs when you get in an accident. Still, this could run up to over $500 a year for models in the late 1990s, which is a dent in your budget.
- Maintenance
When you own an older car, you have more reason not to neglect its maintenance. You can save by doing some maintenance tasks yourself. However, some tasks can only be done at the service center. This may cost you some money, which is inescapable.
- Fees
No matter how old they may be, cars need to be registered to legally ply the streets. Aside from registration fees, you may also need to pay for parking, toll, and other fees. These are recurring expenses for all car owners.
- Storage.
Another recurring fee that comes with owning an old car may be for storage. Vehicle storage can cost you a pretty penny especially when you use it for a long time. From an average of $45 a month, imagine how much you’d be paying for storage in a year.
There’s one sure way of saving the money you’d spend for all the expenses cited above: Donate that old car to charity, especially if it has become prone to breakdowns and you’ve been spending tons of money on its repairs.
Has Your Old Car Turned into a Money Pit?
If your old car has become a money pit with its frequent costly repairs, you’d be better off buying a new auto instead. Don’t worry, you can still put that clunker to good use. When you hand it over to us at Veteran Car Donations, we’ll use it to give the struggling veterans in your area new opportunities to lead healthier and more productive lives.
Our team will have your car fixed before selling it through an auction. We’ll then hand over the proceeds to reputable military and veteran nonprofit organizations that are in partnership with us. Like us, these IRS-certified 501(c)(3) nonprofit organizations are dedicated to helping former U.S. service members who are homeless, unable to find decent jobs, and suffering from disabilities and serious illnesses, including mental health issues.
Our nonprofit partners use the funding we give them to provide deserving veterans with housing and financial assistance, family support, employment, and livelihood opportunities, free comprehensive health care and medical treatment, psychotherapy services, educational scholarships, and many other benefits.
The good thing about donating a vehicle to Veteran Car Donations is that you’ll get amply rewarded for doing so. Not only will you get our free pickup and towing service wherever you are in the country, but you’ll also qualify to receive the maximum tax deduction in the next tax season.
That’s not all. The best reward you’ll get is the immense feeling of satisfaction, knowing that your gift will help improve the living conditions of the disadvantaged and neglected veterans in your community.
You can donate not just your old car but any other type of vehicle that you may have. Check out this list of the different types of vehicles we commonly accept from our donors.
You can check out our FAQs page to get to know our quick and convenient donation process and other important information you might want to know. If you have questions or concerns, feel free to call us through our 24/7 toll-free hotline at 877-594-5822 or write to us here.
Bring Good News to Our Heroes Today!
Why keep an unwanted sedan when you can use it to touch the lives of our hurting heroes? Bring them the good news by donating that vehicle to Veteran Car Donations. Call 877-594-5822 or fill out our secure online donation form now!
Last Updated: October 15th, 2023